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28 Apr 2015 07:00
28 April 2015
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company" or the "Group")
Quarterly Trading Update
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, is pleased to provide a quarterly trading update for the first three months ending March 31, 2015 (the "quarter") of the current financial year ending 31 December 2015.
The Company is pleased to report that both revenue and invoiced sales for the quarter were substantially ahead of the comparative period for the prior year ("2014 Q1").
During the quarter, the Company also added a number of new clients, across its target high consequence industries, with contracts worth an aggregate US$1,236,000 (2014 Q1: US$873,000. The average first year invoiced sales value for these new clients also increased 111% to US$154,000 (2014 Q1: US$73,000).
Invoiced sales from new business for the quarter increased by 29% US$2.2M (2014 Q1: US$1.7M).
Jay Shaw, Chief Executive Officer of NetDimensions, said: "The Board is pleased with the growth in new business in the first quarter of the current year when compared to the prior year. The growth in the first quarter, which is typically our quietest quarter, provides us further confidence for the full year."
Enquiries:
NetDimensions (Holdings) Limited | Tel: +852 2122 4500 | |
Jay Shaw Matthew Chaloner | ||
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Panmure Gordon (UK) Limited (Nomad & Broker) | Tel: +44 20 7886 2500 | |
Fred Walsh | ||
Ben Roberts | ||
Walbrook PR Ltd (Financial Public Relations) | Tel: +44 20 7933 8792 | |
Paul Cornelius | Paul.Cornelius@walbrookpr.com | |
Sam Allen | Sam.Allen@walbrookpr.com | |
Nick Rome | Nick.Rome@walbrookpr.com |
About NetDimensions
Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of performance, knowledge and learning management solutions.
NetDimensions provides companies, government agencies and other organizations with talent management solutions to personalize learning, share knowledge, enhance performance, foster collaboration and manage compliance programs for employees, customers, partners and suppliers.
Recognized as one of the talent management industry's top-rated technology suppliers, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Fugro Group and Fresenius Medical Care.
NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.
For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.
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